For those looking for quiet, peaceful seclusion, the “Garden Island” of North Caicos is truly a destination where life is simple, relaxed and unstructured. Miles of white sand beach are protected from the Atlantic by a coral reef, providing safe swimming and sun bathing for all ages. North Caicos is 41 square miles, with a population of approximately 2500 residents, is located 12 miles northeast of Providenciales and accessible by a daily ferry service. The majority of vacation homes on North Caicos have been centered in the Whitby area attracted by the fabulous white sand beaches.
Located in Kew Town is the historical site of Wade’s Green, a cotton plantation established by loyalist Wade Stubbs in 1789. The land was granted to Wade Stubbs by the then reigning monarch of Britain, King George III, as compensation for losses incurred during the American War of Independence. Link to National Trust Website for more detail.
In our recent ‘Year In Review Market Report 2022’ we highlighted that North Caicos witnessed a record year in sales with a total of 60 transactions. Of this 46 land parcels sold, 4 were oceanfront, and 12 beachfront. The lead up to this, in 2021, North Caicos saw 29 real estate transactions. Homes and vacation homes have started popping up throughout with most located close to the wonderful beaches and small community areas.
For those looking for a private beachfront location without waiting to build a home are in luck with this spacious beachfront home, Paradise Found in Sandy Point. Designed by OBM architects and built by Norstar Group Ltd.
Impressive ocean views situated at 80 feet above sea level on the west side of Blue Mountain in Thompson Cove, ‘Caicos House’ offers a vista of spectacular sunrises, sunsets and views from Northwest Point to North Caicos.
Designed by SWA Architects, the home was positioned to take in the views, breezes and shade from a number of diverse decks and patio spaces as well as the potential of adding a guest house on the spacious one acre property.
Inside, the living space is open plan living capturing the constant north shore breezes through louvered windows and the screened in dining lanai.
The location of Thompson Cove is a great attraction for marine life, snorkeling, paddle boarding, kayaking and, most importantly, a safe northside harbor and dock for a boat up to 30′. With two dedicated beach accesses, a community park to walk a dog and a fully paved private roadway, the neighborhood offers residents their own paradise centrally located on Providenciales.
This exceptional 3-bedroom, 3-bathroom home with 3,280 SF of interior and exterior living space is set on over an acre of land with plenty of space to enhance the property if so desired along with a dock on Thompson Cove for the avid watersports family. This elevated community is home to many luxury rental properties.
Want to take a tour of the Caicos House? Click on the link below and enjoy!
For more detail and information we welcome you to contact the listing agents.
Living and selling the Turks & Caicos luxury lifestyle.
PATRICK STAPLES | 649.432.3222 patrick@tcsothebysrealty.com
Living the Island Dream!
ANNA PARRISH | 649.232.7751 anna@tcsothebysrealty.com
The Palms Turks & Caicos, 5-Star Amenities and Services
The incomparable Palms Turks & Caicos on the world’s #1, Grace Bay Beach with its classic Caribbean elegance, superior service and amenities has proven to be a popular choice for many repeat guests validated by the multi-awards presented to the resort throughout the years. The attention to detail in every aspect from the custom cabinetry, vaulted ceilings, crown molding, and marble flooring to the premium furnishings brings a luxurious quality paired with the services make this an incredible choice for the Caribbean vacation lifestyle. This has culminated in record sales over the past five years as noted within our 2021 Year-End Market Report as investors truly appreciate this 5-star resort and the pleasurable atmosphere it provides.
If you are contemplating a condominium for your vacation lifestyle, consider The Palms Turks & Caicos. We invite you to view the newly listed Penthouse 2501.02.03, which is a 3-bedroom suite that occupies the entire 5th level offering exceptional privacy with beautiful, elevated views of the spectacular serpentine infinity-edge pool and turquoise ocean beyond. Beachfront Suite 5106.07.08 also a 3-bedroom is on the north-west corner of the resort and features a patio area and easy access to the beachfront. For further detail, links to these two real estate offerings are provided in the text.
The Somerset On Grace Bay is an elegant and impeccably built condominium development located on a prime position on our award winning Grace Bay beachfront. Originally completed in 2007 it has maintained its splendor, gracing the shores of the beautiful beachfront and welcoming back repeat clientele through the years. This full-service resort appeases the most discerning of owners and guests and has become a popular condominium choice for real estate purchasers this past year, as noted in the “Year In Review Market Report 2021”.
Trafalgar Terrace under the arched pavilion serves as the grand entry point to the resort amenities, such as the signature lap pool, infinity edge pool, and beach beyond which are the center of attraction surrounded by the residences. The resort offers luxury, residential accommodation in a few options; The Cottages which overlook the Croquet and Event Lawn, The Stirling House Villas overlook the resort pools, and the stately Oceanfront Estates. There are only 16 Oceanfront Estates within four buildings whereby each residence expands the entire floor on each level in a lavish square footage of exquisite details including marble flooring, granite countertops, crown and base molding details, custom gourmet kitchens and the finest of fixtures and fittings featuring the charm and warmth of Caribbean British Colonial décor.
We welcome you to view our listings at The Somerset On Grace Bay.
Cottage 1BStirling House E206Stirling House 203Welwyn Estate D-102
We’re all familiar with the trademarks of traditional Caribbean architecture. Wrap around verandahs, louvered windows, stone walls, arched doorways and colourful shutters functioning as both embellishment and protection. These homes have long served as staples of our history, peppering the shorelines and hilltops of Providenciales, from the original settlements, to the first wave of foreigner migration to T&C’s shores, with builds pioneered by the Ward family.
With development now taking on more of a steady rolling swell, rather than a crest with peaks and troughs, the last decade of T&C’s home design has seen the emergence of a more contemporary aesthetic. As a personal example I (FINALLY) made the transition from an open air home with louvered windows and gorgeous breezes through most of the year, to hurricane rated glass windows and an eco-friendly air condition system 🙂 As an avid lover of traditional Caribbean design, I never thought I’d say this, but I haven’t looked back since.
My example is a humble residential perspective of someone who feels deep roots to this timeless aesthetic, but with a steady influx of international buyers, I’m not alone in my pursuit of home design with an increasingly modern tilt. Below are 3 architectural firms that are truly transforming the landscape of Providenciales and redefining how we think about Caribbean design:
London and TCI based firm Blee Halligan Architects cut their teeth as development partner to Windward on the Blue Cay project and have continued this partnership on the South Bank project and The Peninsula at Emerald Estate, four standalone contemporary Beach Houses on the exclusive northeastern tip of Leeward, which are undeniably the showpiece properties of the collection. Blee also works on private projects throughout Providenciales, building on their design ethos of building in nature; designing for specific geographic, climatic and cultural nuances of the locale.
Beach Enclave is known for outside the box thinking, enter stage left, the first ever South American architectural firm to design in the Turks and Caicos. Hired to create minimalist low impact designs for the Beach Enclave Long Bay expansion and Beach Enclave North Shore second phase, Jacobsen Arquitetura successfully provided integrated designs to two seemingly varying sites. Linear design using natural materials, space and light, combine to create comforting ordered spaces with zero distractions to evoke a feeling of calm, provided by both the clean interiors and tropical views the designs overlook.
With over 20 years’ experience designing homes in Turks & Caicos as well as an international presence in Ireland and Great Britain, James Hamilton Architectspride themselves on empathetic design, with their clients needs at the heart of their process. A browse through their website will illustrate the numerous projects they’ve been involved in, and the varied nature of the homes they can produce. A personal favourite is Villa Fred, which marries the softness of cedar shingled roofing, order of symmetry and more modern linear elements like planked roofing, recessed lighting and pocket sliding doors opening to expansive views.
Anyone who has lived in the Equatorial zone, or has traveled to the Caribbean/S. America over the years during Christmas season, will be familiar with the Trade-winds. The Trade-winds, dominate most of the tropics and subtropics throughout the world and are a nearly constant (they only drop away during end of September and October) northeasterly wind in our hemisphere, that starts to blow in November of every year. By the time December rolls around we experience whether akin to Aspen, Colorado. Think bright blue skies with the sun beating down, but a cool chill in the air. Substitute snow-capped mountains for swaying palm trees and sandy beaches and you begin to get a feel for the special draw of Turks and Caicos (‘T&C’) during the holiday Christmas period.
Boat trips
Coral is beautiful to look at, but we don’t allow it to be taken out of the sea 🙂
Every December 26th since I was a child, we have enjoyed a Boxing Day boat trip on the Atabeyra. For those with British heritage you’re familiar with the joys of Boxing Day, which for all intents and purposes, is a much less chaotic day than its forefathers Christmas Eve and Christmas Day. The Irish call it Wren Day, other countries call it St Stephen’s Day, but for all who celebrate it, in practicality it has become a day to relax and unwind after the stress of the holiday season is over, and gather with friends and family to enjoy a final day of good food and great company. If you can enjoy this holiday, or any other day in December on a boat, you’re quids in! Boating is a year-round event in T&C, and it doesn’t stop during Christmas. The weather is beautiful, the sun is shining and we’re still swimming in the ocean. Granted the sea may be a little colder than we locals like it, but there’s no better way to wash off the cobwebs than taking a Boxing Day plunge, and let’s face it, anyone from the Northeastern seaboard or Europe would laugh if they heard us admitting we find it a little cold! The temperature is akin to taking a dip in the Mediterranean during Summer time, refreshingly cool, enough to enliven your skin and leave you feeling renewed and energized.
Inter-island travel is open again
Mudjin Harbour, Middle Caicos
If you, like many, have been confined to your homes/apartments since the outbreak of COVID-19, self-isolating, locked-down and going through the rigmarole of at home schooling like the saint that you are, imagine jumping on a ferry with your family (face mask on of course) and making your way over to North Caicos (population approx. 1,500). From North Caicos, you can rent a car and head over to Middle Caicos on the causeway to explore the caves and bluffs with virtually no one else in sight. Fresh air, clean breezes, big ocean and natural adventures abound in North and Middle Caicos, and are just what the doctor ordered after months and months of quarantine. Sure, you can stay cooped up in your apartment until the frost from winter thaws, or you can safely enjoy all that T&C’s sister islands have to offer, and give your family the gift of a memory they may not have otherwise had.
Outdoor Activities
Tip of the Tail Villa
With the end of the dreaded hurricane season in November, December’s climate is well known as the most hospitable environment for international travelers. We’ve talked about boating and beaching, but there is no end of outdoor activities to take advantage of. With highs in the low 80’s and lows in the high 70’s, December is a perfect time to get on that kayak or paddle-board and explore miles and miles of unspoiled natural environment. Mangroves, the same ecosystem that protects our shorelines during hurricanes, are peaceful and rife with small marine life, turtles and bird watching for the nature lovers out there. There are many places where you can enjoy these activities conveniently just by stepping out of your private villa’s backyard, like Tip of the Tail Villa. Otherwise you can join one of the many operators on a guided tour of these precious ecosystems. I especially like Big Blue Collective who have long been ahead of the game in focusing on small private groups and preservation of the flora and fauna of T&C.
Call me crazy, but without the usual queues of the seasons you receive when you live in the Temperate zone, its tough to know when Xmas is on its way. We tend to live in a perpetual endless summer in T&C, but there are a few key indicators that the Christmas season is well under way. The first of these signs is the lighting of the giant Christmas tree that has long been an annual tradition. In years gone by the space that Seven Stars now occupies, used to be home to one of the first resorts in T&C, the Ramada, and after that it changed hands to the Allegro. Those times are a distant memory now, and it’s hard to imagine a time when Seven Stars wasn’t Seven Stars. The resorts on this prime beachfront land are so varied in aesthetics, but the one common feature, other than the land they’ve occupied, is the lighting of the Xmas tree. That’s the thing about traditions, they stand the test of time.
You may have heard the term “disruptor” being thrown around over the last few years. Uber Eats would be a well known example, as a company that caused radical change to an existing industry or market by means of innovation, in this case to the F&B industry. Air B&B would be another example of a disruptor company for the Hospitality industry. Though we technically can’t categorise COVID-19 as a company, the virus’s advancement worldwide, has caused radical change, not only to the way we do business in all private sectors, but also to the way we live. The term disruptor is somewhat misleading, in that it implies a negative interference with the norm. Though change on any level can be unsettling, the Uber Eats and Air B&B’s of the world have brought positive improvements to the F&B and Hospitality industries, by widening the traditional net of employment and consumer base through convenience and accessibility.
In 2020 the COVID-19 virus has been the disruptor of the Real Estate industry. Our process for selling homes still relies ultimately on the guiding principles of trust and connection with our buyers and sellers, but we have had to pivot quickly to replace what has traditionally been a face to face industry, marked by in person viewings and showings. With the help of the Sotheby’s International Realty brand and the importance placed on the use of technology, thankfully we’ve been in a position to make the most of our new reality and cater to our clients needs by hosting virtual spotlights, creating 3D virtual Matter-ports, and taking buyers on Facetime walk throughs. Below is a list of 6 properties sold, either wholly, or with the assistance of technology.
The Wright House
Listed and sold by Michael Bovell
The Wright House in Chalk Sound, overlooks Silly Creek with waterfront vistas abounding. A perfect example of the power of technology to affect a sale and purchaser. The Wright House was listed in July 2020 and sold after 37 days on market, all, wait for it…virtually. The purchasers were familiar with Turks & Caicos and made contact with the listing agent who toured them through the property on Face time and found a connection for them – a perfect fit of homeowner with home – they loved the decor, the layout, the views, the location, and the property had signed contracts for its purchase within two weeks of the list date for $1.1M.
Villa Rocco
Listed by Michael Bovell, sold by Dee Agingu
Just across the way from The Wright House, in private Silly Creek estate, Villa Rocco, a 4 bedroom waterfront home sold after 65 days on market for $1.5M. In the case of Rocco, both the listing and selling agent were within the Turks and Caicos Sotheby’s International Realty family. Again, Face time walk through was the technology of choice for the selling agent to familiarise the purchaser with the property, which was beyond their expectations.
Water’s Edge
Listed by Patrick Staples
An oceanfront classically Caribbean home sits just on the Water’s Edge, as its moniker describes, with south facing views. Charming and idyllic, this 3 bedroom home on .6 of an acre was sold through a combination of the Turks and Caicos Real Estate Association network and technology. At $1.125M, the home sold after approximately 5 months, with a simple Face time walk through via iPhone, but with those views it’s easy to see why.
Haven House
Listed by Dee Agingu, sold by Lisa Lopes
Sensing a theme emerging? Homes between $1-2M located in the area of Chalk Sound/Silly Creek are trending in the last few months. Haven House sold after 85 days on market for $1.1M. The three bedroom home was introduced to the buyers through a physical walk through once the islands opened up officially in July. Matter-ports were the technology of choice for these buyers, who reviewed multiple homes and dollhouse views before they were able to fly in for 48 hours. Once the scope had been narrowed, a Face time walk through was used to reaffirm their love for the property.
The Grandview 302
Listed by Nina Siegenthaler and Richard Sankar, sold by Lisa Lopes
One of the prettiest little spots on the beach, the Grandview has long been an unimposing gentle residential resort with lots of appeal. Even so, the average time between listing and sale for condominiums usually runs between 12 – 18 months. This little beaut sold after 48 days on market from within the Turks and Caicos Sotheby’s International Realty family with the aid of a Face time walk through, for $1.5M.
Villa Alamandra
Listed by Nina Siegenthaler, Sold by Imelda Burke
A Balinese dream and the second highest sale price in Silly Creek’s history – Villa Alamandra deviates slightly from the trends above, in that it has been on market a little longer than its neighbouring sales. What makes this story so unique is not the technology employed, Face time walk through was used here as well, but the fact the purchaser was a first time buyer in Turks & Caicos. At a sale price of $2.95M, that is a significant level of trust and investment in the country and the agents brokering this sale, and a reflection of the certainty the buyer had in this property being right for them. The confidence required to bring together the sale could only be achieved through the professionalism of the agents involved and the purchasers ability to see the property live.
In summary, we’re seeing an overall shortening of the length of time properties are sitting on market and a more focused view from buyers looking for the perfect home to ride out the remainder of the pandemic. COVID-19 has disrupted not just our way of doing business for the better, it’s provided buyers with the motivation to take the step(s) they have been dreaming about. For some that means the purchase of a larger home, for others it means investing in the Turks and Caicos real estate market for the first time.
At Turks & Caicos Sotheby’s International Realty we remain at the forefront of brokerage leadership with the use of technology. Whether it’s the importance we place on digital listing assets through the use of high resolution photography and video, 3D virtual reality tours and Matter-ports (special shout out to our amazing Marketing Director Denise Douglas for putting these together), our apple TV app, streaming and syndication capabilities, our use of augmented reality through CURATE and Ro0omy, or simple Face time walk throughs to ensure we’ve found the right fit for our buyers and sellers. At Turks and Caicos Sotheby’s International Realty we believe in pivoting and staying ahead of the curve. No not that curve…which has now been flattened in the Turks & Caicos. Special acknowledgment to the Turks & Caicos Government for a job well done on flattening the curve, and providing the country with the Stamp Duty Tax reduction during this difficult time.
p.s. The Stamp Duty Tax reduction is still in place until 30th December 2020 on land and properties up to $2M.
The Turks & Caicos Islands Government (‘TCIG’) has announced a Stamp Duty Waiver Policy (‘SDWP’) that will run for the next 90 days and is available to all eligible applicants that transact on a property valued up to $2M between Monday the 21st of September through Sunday the 20th December 2020. Wonderful news for those looking to purchase property in Turks & Caicos, or those wishing to sell their properties within this price bracket. The tiered SDWP rates are an important motivator for the market during this time and are further explained below:
Purchasers looking to purchase within the next 30 days (until Tuesday 20th October 2020) receive the greatest benefit of a 75% reduction in Stamp Duty. Purchasers looking to transact between Wednesday the 21st October and Friday the 20th November would benefit from a 50% reduction, and those looking to purchase between Saturday 21st November and Sunday the 20th December would receive a 25% Stamp Duty reduction.
The TCIG’s SDWP applies not only to homes up to $2M, but also on land purchases up to $2M and off plan new development purchases whereby the land is valued at under $2M. Whether you are looking for something ready built, a future investment, or to bank some land for a rainy day here is a list of 10 purchase opportunities that benefit from the SDWP:
“We have enjoyed the unforgettable sunset views over tranquil Taylor Bay and our ritual beach walks. We also love our small and secure community known as Sunset Bay and find it a real gem of a neighborhood.”
Owner of Bamboo House
Bamboo House priced at $1.95M is a 5 bedroom property in the beachfront community of Taylor Bay that epitomizes an island home, with sunset-facing views ocean views from the pool deck and water views over Chalk Sound National Park from the front entry. Built in 2014, the 4 bedroom Main House with 1-bed Guest House benefits from a large swimming pool and easy beach access to exclusive Taylor Bay beach. Did I mention you also have a private tennis court at your disposal? Oh wait…and there is also a .66 acre vacant beachfront lot priced at $1.35M, and offered separately for sale. Whether you’re planning an immediate move or have dreams of building your own beachfront home one day, this is an offering with appeal.
Beach Enclave North Shore Phase 2 is a contemporary dream that sits next to, and shares amenities with Beach Enclave North Shore, the first of the acclaimed Beach Enclave properties. Now expanded to three villa enclaves in three different locations around Providenciales: North Shore, Grace Bay (fully sold out), and the South Shore on Long Bay beach (which offers an interesting mix of built standalone villas, Beach Houses – with 1 left that also qualifies for SDWP – and a boutique Club with a select number of private condominium suites), Beach Enclave is defined by tailor-made service and an increasingly contemporary aesthetic. Brazilian architects Jacobsen Arquitetura have created standout designs for phase 2 and the good news is that every home in Phase 2 qualifies for the SDWP.
Set atop a hillside in Long Bay, Dolphin Lane is a family home with everything you need, from a swimming pool, to a trampoline, a herb garden and more, and that’s just scratching the surface with this unique home ownership opportunity. Inside, the home is even more impressive, with mill work detail throughout, a custom kitchen and 4 bedrooms plus a media room. French doors open out to 360 degree views over Grace Bay. At $1.9M Dolphin Lane represents a rare opportunity to own a newly completed and custom designed family home that requires no renovation! Put those drills down and narrow in on this spectacular spot.
Gated? Tick. Ocean Views? Tick. Swimming pool? Tick. Large lot? Tick. Sugar Reef Villa, at approximately 4,000 SF, sitting on .99 of an acre overlooking the ocean, is a 4 bedroom home focused on relaxation. This is felt throughout every space, with all bedrooms benefiting from ocean views and an entire upper level dedicated to an open concept living and dining area plus kitchen that also looks out to the ocean. Shaded and uncovered entertainment and relaxation areas surround the pool and at $1.375M this property is offering so much benefit for your investment.
“Rock House is perfectly positioned to meet the growing demand from buyers seeking their own retreats where privacy, space, high quality of design and service are likely to be even more sought-after”
Nina Siegenthaler Vice President of Turks & Caicos Sotheby’s International Realty
With 28 homes under construction, Rock House is moving rapidly towards completion and is on track for opening in Fall 2021. Rock House is designed by Coast Architects and brought to you by Grace Bay Resorts, Operator of Grace Bay Club, Point Grace, West Bay Club, The Residences, The Dunes and soon to be South Bank. Only 6 homes remain in phase 1 of Rock House, all of which qualify for the TCIG’s SDWP. Does an oceanfront Studio for $700K appeal to you? How about a Two Bedroom Oceanfront Home for $1.895M or Elevated Ridge Home for $1.995M? How about access to a virtually private beach? An oceanfront restaurant, fashioned after the resort properties of the Mediterranean? A 70 foot swimming pool?
At $1.795M in the prestigious community of Leeward, Villa Rise, offers an urban feel to its traditional Caribbean surrounds. Boat dock and access to Blue Haven Marina are two benefits of this 4 bedroom newly built contemporary home. Another is the private International School of the Turks & Caicos, being located a stone’s throw away.
South Bank, the latest development from Windward, the team behind Blue Cay Estate and the Peninsula at Emerald Estate, is a residential resort and marina development along Long Bay beach. The first of its kind, South Bank’s homes range from 3 – 6 bedrooms and all enjoy a unique relationship to water. The Lagoon homes offer a peaceful beach front location, some with private docks. The Ocean Estate homes are larger and occupy an oceanfront position. Soft contemporary architectural designs from London/TCI based Blee Halligan, boat concierge services, an affiliated marina, tennis court, restaurant, spa, management and operation from Grace Bay Resorts and easy access to the ocean for outer island exploration, are a handful of the winning features of South Bank.
Bianca Sands 301: Grace Bay beach, Turks & Caicos Islands
Bianca Sands 301 is offered at $1.65M and occupies a supreme position overlooking Grace Bay beach. This rare high-level 3 bedroom corner unit is conveniently located in the Regent Village, comprised of retail shops, a coffee shop and multiple restaurants. Miles of powdery white sand await, just outside your sun-soaked terrace.
Overlooking West Grace Bay beach and sitting atop a 45 foot ridge, Coral View Villa offers a lot of house with 4,505 SF and 3 bedrooms for its list price of $1.375M. If you’ve been keeping an eye on this property or hoping to move into a bigger house, take a closer look now – this may just be the moment you have been waiting for.
The Sands 3309.10: Grace Bay beach, Turks & Caicos Islands
The Sands is located in the heart of Grace Bay, the No.1 beach in the world. Tastefully furnished and enjoying a penthouse position, 3309.10 enjoys warm easterly sea-breezes and direct ocean views, as well as flexibility for rentals (dividing up into a 2 bedroom and 1 bedroom for multiple rental options). 3309.10 isn’t the only unit available for purchase that qualifies for the SDWP, take a look and start planning your purchase today.
The Residence: COMO Parrot Cay, Turks and Caicos Islands
In the last decade, Turks and Caicos Islands (‘TCI’) has become known as a preferred location for High Net Worth (‘HNW’) and Ultra-High Net Worth Individuals (‘UHNWI’).
With year-round sunshine, clear turquoise waters and easy accessibility from most major North American cities and London, UK, it is easy to understand why TCI’s real estate market has moved from strength to strength. Strong fundamentals: an economy utilising the US dollar, a friendly local government strengthened by a UK Governor, a handful of innovative and professional architects, builders, and real estate professionals, and no annual property taxes sustain the market.
More importantly however, this rise to fame as a HNW and UHNWI location, is directly attributable to one serendipitous timeline that begins in the late 80’s with the first wave of development. This period and slow crawl towards tourism saw quality low-density condominium resorts arising with a maximum of 3 levels, a requirement that remained in place until the 90’s with small increases in the 2000’s. This low-density mindset has left much of TCI relatively untouched, providing ample space for private development amongst generous backdrops, and has ensured its attractiveness to the HNW and UHNWI, many of whom lead busy lives and look to our market for second or third homes that provide privacy, tranquility and natural beauty.
If you have never visited TCI, imagine the tranquility of the beaches of Cayman Islands or Barbados, but without swarms of beach loungers or someone trying to sell you a trinket, now breath out 😊, and let me walk you through some of our most impressive sales of the last five years.
1. Celebrity Home Sale in Parrot Cay
The Residence: COMO Resort, Parrot Cay, Turks and Caicos Islands
In July 2019, The Residence sold for $27M, weighing in as the second highest sale price in TCI (hint-hint: the highest sale price was also located on Parrot Cay). With box-office record breaking films like Die Hard, Pulp Fiction and the Sixth Sense under his belt, this American actor with German roots fell in love with a plot of land in Parrot Cay in the 1990s and set about creating a family compound which spanned roughly 8 acres and includes three homes, set apart distinctly over a remarkable sunset-facing beachfront cove. With 11 bedrooms, wrap around decking and an expansive 35,000 SF, this home saw multiple birthdays, summer and winter holidays, and most recently a vow renewal, before it took its place with its rightful new owner.
2. A Musical Legend’s Estate Sells in Turtle Tail
Prince’s Island Estate: Turtle Tail, Providenciales, Turks and Caicos Islands
This is what it sounds like when…. history is made and one chapter closes. The musical icon that brought us hits such as “Purple Rain”, “When Doves Cry”, and my personal favourite “Raspberry Beret”, purchased land on a rare peninsula in Turtle Tail, housing only one other neighbour. Complete with two adjacent waterfront land parcels of 2.74 acres, this Estate’s glory is attributable not only to its legendary ownership, but also due to it selling in under five months on market. The 5.74 peninsula with 6 bedrooms over nearly 10,000 SF sold after utilising Ro0omy technology to virtually curate the interiors, in June 2019, for $10.8M.
3. A Beachfront Bajan Beauty sells along Grace Bay
Coral House: Grace Bay, Providenciales, Turks and Caicos Islands
Coral House: an Oliver Messel inspired design based on the coral stone homes he famously created in Barbados, can be found along Grace Bay beach. It is hard to miss this timeless masterpiece. Coral House sits proudly and peacefully on powder white sand with easy ocean access, marking the beginning of the more residential zone of Grace Bay beach. At over 12,000 SF, with a gourmet kitchen, 6 bedrooms, a library, office for those zoom calls, breakfast room and more, Coral House is a dream family home. Neighboured by its sister property Coral Pavilion (sold in 2019 for $9.12M and available for private rentals via islandhouselvm.com), Coral House has no other immediate neighbours, enhancing the appeal of its locale. This rare home sold for $10.6M in October 2019.
4. Private Home Sale at COMO Parrot Cay Turks & Caicos
Serenity Villa: COMO Parrot Cay, Turks and Caicos Islands
Serviced by COMO Parrot Cay, Serenity villa sits amongst an unequaled panorama of unspoilt beach, luminous ocean, and infinite skies. With 373 feet of sugary sand over 5.38 lush acres, the home is nestled in a stunning half moon bay, offering 8,645 SF of impeccable living under roof. Serenity Villa is a beachfront estate like no other, with a design ethos that is sensitive to its surroundings, reflecting the glorious natural aesthetic for which Parrot Cay is known. The property sold for $17M during the summer of 2017 and marks the third most expensive home sale on the exclusive island of Parrot Cay. This private sanctuary near the water’s edge includes high-speed Wi-Fi and custom music (part of the villa’s master AV system), a refreshing outdoor shower and a beautiful cabana with a suspended circular daybed.
5. Dreams from Dallas Sold in COMO Parrot Cay Turks & Caicos
Oliver’s Cove: COMO Parrot Cay, Turks and Caicos Islands
Oliver’s Cove is a property close to my heart – it is as traditional as it is eccentric. With swathes of Royal Palms and verdant lawn, the elegant Caribbean exterior design alludes to the home of Oscar De La Renta in Punta Cana, but step inside and marvel at the surprisingly eclectic mix of antiques and custom touches. Hand-troweled Venetian plaster throughout, with aged exposed timber beams, hickory flooring and a pair of antique French doors at entry to the home, set Oliver’s Cove apart as a premier estate on the private paradise of Parrot Cay. With 7 bedrooms between the Main House and Guest House and nearly 800 FT of beach frontage over 6.54 acres, Oliver’s Cove set a record-breaking price when it sold in February 2016 for $27.45M, making it the highest sales price in TCI.
6. Amazing Grace in Leeward Set the Pace for Emerald Beach
Amazing Grace: Leeward, Turks and Caicos Islands
Amazing Grace sold in 2015 for $15.1M in the exclusive eastern end of the residential neighbourhood of Leeward, known as Emerald Beach. Emerald Beach is home to mega-estates, all of which benefit from wide expanses of virtually private beachfront. At Amazing Grace, white-washed interiors provide a sense of peace throughout while the traditionally Caribbean property boasts 282 feet of superb white sand beachfront right outside. With 8.4 acres, it was sold complete with direct and canal and dock access, a popular feature amongst the ultra-luxury properties of this location. Since the sale of Amazing Grace, Emerald Beach has become better known as a location for those searching for exclusivity and tranquility
The TCI HNW and UHNWI market is on the rise, with no signs of letting up in the face of a pandemic. In fact, the appeal of our fundamentals seems to be on the rise too.
With the onset of the COVID-19 pandemic, people the world over are reassessing their needs and living situations. With rising numbers fleeing to the suburbs, we are seeing renewed importance placed on homeownership that values privacy amidst natural surrounds. A retreat that acts as both sanctuary and with functionality, to meet the needs of modern families in our “new normal” enivorn, where it’s proving possible that we may be experiencing “togetherness” with only our immediate family members for some time to come. The hour long work commute is quickly being replaced by home offices, and classrooms of 25+ children with quiet mutifunctional spaces for homeschooling. What was once the convenience of life in the city center is rapidly being replaced with the quest for tranquility, a type of peace of mind that is achieved only through living your day-to-day in a remote location. If you too are reprioiritising your life focus towards health, longevity, closeness of family and calm surrounds, here are 5 properties that will ease your spirit and tick every box on the list.
Complete privacy and seclusion in Turtle Tail, Turks & Caicos Islands
With multiple pools and unparalleled infrastructure, including an ocean facing home office, fitness center, home theatre, and commercial kitchen, Turtle Tail Estate, has been masterfully executed as more than just a private home. It is essentially an ultra-luxury resort onto itself, with onsite amenities such as a tennis court, games room, wine cellar and a 75’ private boat dock for yacht mooring. Add in 270-degree views from its position on an elevated 4.57-acre peninsula all on its own, masterfully executed architectural and interior detail, and this well managed family resort-like retreat provides everything you might be looking for.
Multi-generational opportunity in Emerald Point, Turks & Caicos Islands
Perfectly positioned on the eastern end of Leeward’s sought after North shore, the Peninsula at Emerald Estate offers a once-in-a-generation opportunity to reside in a tropically landscaped private cul de sac, with views and access to an assortment of uninhabited cays to the east, and renowned Grace Bay beach to the west. Four custom pre-construction beach house designs embody high-level soft contemporary design, with interiors by B&B Italia, on approximately 1-acre beachfront sites, that take care to embody the natural beauty of their location. After you’ve wrapped your head around the unprecedented frontage, 215 – 320 feet, take your private boat from Leeward canal just behind the property and explore the majestic beaches of Donna Cay, Little Water Cay and beyond.
Quintessential Caribbean charm in Turtle Cove, Turks & Caicos Islands
Impeccably detailed throughout, this newly completed (2019) stunning classical Caribbean villa boasts a beachfront pool, hot tub, grill station, al fresco dining and lounging, with an electronic gate, solar, propane and full backup generator, and that’s just naming the outdoor features. Once you enter Lizard Lounge, a family-friendly vision of luxury presents through a large island kitchen with entertainment bar, Miele appliances, stone tile flooring, traditional Caribbean ‘pickled’ timber flooring, elegant and extensive custom millwork and built-ins and more. Even the name of the road it lives on is quintessentially Caribbean, come and see the home for yourself on “Coconut Road”, Turtle Cove.
Contemporary living in a boat lover’s community in Long Bay, Turks & Caicos Islands
Bedded into the landscape, the two Dune Villas at South Bank, revere the horizon line from atop a 25 ft. dune on the western end of Long Bay beach in the esteemed Ocean Estate neighborhood. With over 3 miles of unspoilt beachfront, and some of the finest ocean views stretching in front of you, unencumbered (glass balustrades) and vast in their southern facing vantage, South Bank is a resort and marina community with something for everyone. There are two other waterfront neighborhoods, including 1 – 3-bedroom Boathouses and smaller 3 – 5-bedroom beachfront homes, all with their own unique relationship to the water. Amenities for the Dune Villas however, include an elevator to take you over 3 floors (yes there are 3 floors!), prep kitchen, multifunctional room for gym, office, staff quarters or similar, owner’s storage & a two car garage, as well as access to a clubhouse, spa, private lounging islands and a slew of boat lover perks like fueling, provisioning, and wet/dry docking for preferential rates.
Move in ready beachfront oasis in Emerald Point, Turks & Caicos Islands
In addition to six bedrooms benefitting from beachfront views, Villa Chill also boasts a further two bedrooms, located in a standalone guest house with its own private plunge pool. Spanning 11,000 total square feet and 120 feet of frontage in the safe-haven of Leeward, known for its seclusion, one of the finest beaches is steps from your door, and the views are stellar, the whole house having been raised above grade to take full advantage of the beachfront position. Retreat here and enjoy time with your nearest and dearest full time, or as a seasonal residence, for vacation use or lucrative short-term rentals.
With multiple beachfront options at your fingertips, the homes here will be sure to appeal to both the solitary recluse and the adventure seeker in you. What are you waiting for?
Turks & Caicos Real Estate | Caribbean 